Online businesses can be quite lucrative, often having much lower overhead and higher profits than a storefront business. Unlike a storefront, however, customers won't just be able to walk by and see your online store. A big part of success in selling products online is marketing your site so that people know it's there.
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Topics: Funding Your Business, Ecommerce, About us, Grow Your Business
Ebay businesses can range from small to massive, selling everything from collectibles to clothing to electronics. Most eBay businesses start small, even as a hobby, and grow over time. As the business grows, cash may be needed to assist the growth of the business.
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Topics: Growing Your Business, Ecommerce, About us
All too soon, the holiday shopping season will be upon us. Ecommerce sales have been increasing each year it has been in existence, and this year is expected to be no different. Due to some new trends in ecommerce, the overall market share is projected to grow to 9% of total retail sales this year, or $79.4 billion, up from 8.3% last year.
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Topics: Funding Your Business, Growing Your Business, Ecommerce, Mobile
Ecommerce is a growing marketplace, expected to be up about 14% this year, yet 72% of small storefront businesses are not selling online. It may be overwhelming to think about setting up a website, adding ecommerce functionality, and learning to integrate social media and other online marketing tools, but there are many benefits to being one of the 28% of small businesses that are selling their products and services online.
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Topics: Funding Your Business, Growing Your Business, Retail, Ecommerce
Building a business is an intensive process that often takes a great deal of time and effort. The average business takes 3 to 5 years to become profitable due to startup costs, construction, inventory and labor costs. Many of these initial costs are incurred before the business actually opens and during early stages of growth and marketing.
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Topics: Funding Your Business, Growing Your Business, Ecommerce
